The Denver suburb of Baker recently saw a major real estate transaction as Lennar’s subsidiary, Quarterra, sold a five-story apartment complex for $57 million. The 171-unit development was acquired by Green Leaf Capital Partners and has been rebranded as Green Leaf Jayne. This is not the only property owned by Green Leaf Capital Partners in the Far West region; they also have an apartment in Glenwood Springs.
Green Leaf Jayne offers mostly studio and one-bedroom apartments, with a few two-bedroom units available. Residents can enjoy various amenities such as a fitness center, pool, dog spa, and study lounge.
Quarterra purchased this property for $9 million in 2019 and completed construction on the apartments in 2021 under their own management.
This recent sale showcases Lennar’s success in the real estate market through its subsidiary Quarterra without mentioning any specific brands or locations associated with Connect CRE or Connect LA/Texas.
